Which Asset Protection Strategies Are Right for Your Clients?

Posted by Robert L. Arone – How You Can Keep Claims From Threatening Their Property Most of us do not expect to be sued. However, lawsuits are filed every day the courthouses are open. If your clients’ estate plans don’t include adequate asset protection, they could end up losing a substantial amount of their wealth […]

Tomorrow, June 15th, 2018 is World Elder Abuse Awareness Day (WEAAD).

  Posted by Gerald J. Turner – This day was launched by the International Network for the Prevention of Elder Abuse and the World Health Organization at the United Nations. Its purpose is to provide an opportunity for communities around the world to promote a better understanding of abuse and neglect of older persons by raising awareness […]

Avoid estate planning horror stories: 2 ways that people fail to plan

  Posted by Gerald J. Turner – We take care of our loved ones our entire lives. But, one of the worst things you can do to them is dying without the right estate plan in place.Just like the old adage says: “when we fail to plan, we plan to fail.” People tend to make […]

Helping Clients Plan From the Heart: Beyond Money in Estate Planning

Many clients and advisors think of estate planning as a logistical process designed to reduce taxes, avoid court, and protect assets. Of course, proper planning does enhance the security of their families and assets, but estate planning is actually much more. Although we write frequently to you about the tax, asset protection, and court-avoiding benefits […]

How Remodeling a Client Trust Can Retain Assets Under Management while Saving Clients Money

It’s a common misconception that clients can take a set-it-and-leave-it approach to trusts.  Much as houses or office buildings, even those that were originally well-built, must be remodeled or updated from time to time, a trust-centered estate plan can often benefit from a remodel or refresh. Although the principle of trust-centered estate planning has stood […]

The Team Approach to Client Service in 2018 and Beyond

Estate planning is about much more than just taxes Many financial advisors see estate planning as a tax-focused discipline. However, estate planning encompasses much more than just tax planning. It provides a great client service, deepens relationships with clients, and can be an integral part of retention. This is especially true now that technology is […]

Cryptocurrency [Bitcoin] and the IRS

By Eric P. Rothenberg, Esq. – [Download PDF Article] The creation and use of cryptocurrency is very recent. Back in 2010, it just began trading. In 2011, it hit its first “bubble” at $31 per coin when previously they traded for just pennies. Most people by now have already heard it hit nearly $18,000 in […]

Tax Reform: Solutions for Your Clients and Their Estate Planning

In December 2017, Congress passed, and President Trump signed a sweeping tax reform bill commonly known as the Tax Cuts and Jobs Act. This new Act contains several significant changes that will impact your clients and their estate planning. Estate Tax Changes Starting January 1, 2018, the estate, gift, and generation-skipping transfer (GST) tax exemptions […]

Avoiding Disastrous Will or Trust Lawsuits: How to Keep Family Squabbles from Undermining Estate Plans

Family discord that results in a will or trust contest can be costly, time-consuming, and emotionally painful for your client’s family. For you, the advisor, this disharmony usually leads to severely damaged relationships and a loss of assets under management. As we approach the holiday season and close 2017, it’s important to keep a close […]

It’s Not Too Late for a Portability Election

Posted by Robert L. Arone – New Opportunity for Late Portability Just Opened Up by IRS Portability has brought both convenience and confusion to the estate planning community. Available for surviving spouses after 2011, portability allows an unused estate tax exemption to be transferred from a deceased spouse to his or her surviving spouse. While […]